Customers Bancorp, Inc 5.375% S (CUBB)

USD 19.5

(-4.83%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 683.4 Million 885.37 Million 780.88 Million 543.3 Million 463.73 Million 417.95 Million
Cost of Revenue -683.95 Million - - - - -
Gross Profit 1.36 Billion 885.37 Million 780.88 Million 543.3 Million 463.73 Million 417.95 Million
Operating Expenses 277.06 Million 2.54 Million -426.61 Million -367.34 Million 4.04 Million 2.44 Million
Selling, General and Administrative Expenses 277.06 Million 2.54 Million 1.52 Million 2.22 Million 4.04 Million 2.44 Million
Research and Development Expenses - - - - - -
Other Expenses - -156.43 Million -426.61 Million -367.34 Million -81.95 Million -82.06 Million
Cost and Expenses 277.06 Million 2.54 Million -426.61 Million -367.34 Million 4.04 Million 2.44 Million
Operating Income 406.33 Million 552.95 Million 354.26 Million 175.95 Million 102.12 Million 91.05 Million
Interest Expense 679.91 Million 261.65 Million 95.81 Million - 186.42 Million 160.07 Million
Income Tax Expense 80.59 Million -324.91 Million 10.06 Million 43.38 Million 22.79 Million 19.35 Million
Earnings before Tax 330.74 Million 291.29 Million 441.2 Million 175.95 Million 102.12 Million 91.05 Million
Net Income 250.14 Million 616.21 Million 431.14 Million 132.57 Million 79.32 Million 71.69 Million
Earnings Per Share Basic 7.49 18.88 13.34 4.21 2.54 2.27
Earnings Per Share Diluted 7.32 18.37 12.79 4.18 2.51 2.22
Weighted Average Shares Outstanding 31.43 Million 32.63 Million 32.31 Million 31.5 Million 31.18 Million 31.57 Million
Weighted Average Shares Outstanding (Diluted) 32.15 Million 33.54 Million 33.69 Million 31.72 Million 31.64 Million 32.23 Million
Gross Margin 2.00 1.00 1.00 1.00 1.00 1.00
EBIT Margin 0.53 0.26 0.69 0.07 0.22 0.22
Profit Margin 0.37 0.70 0.55 0.24 0.17 0.17
EBITDA 360.63 Million 314.27 Million 462.87 Million 208.27 Million 124.99 Million 105.21 Million
Earnings Before Tax Margin 0.59 0.62 0.45 0.32 0.22 0.22

Income Statement Charts